Infosys joins shared Assessments Programme
Bangalore,
Sep
17:
Infosys
Technologies
Limited
today
announced
that
it
has
joined
the
Financial
Institution
Shared
Assessments
Programme,
the
financial
services
industry's
leading
standards
body
that
provides
tools
for
evaluating
the
security
practices
of
Information
Technology
(IT)
services
providers.
The Shared Assessments Programme was created by BITS, the technology division of the Financial Services Roundtable, to combine the expertise of financial institutions, IT service providers, and accounting firms in creating global security standards. Companies that use the programme gain significant efficiencies in the security assessment process through a standardized questionnaire and assessment report. Both could be shared with an unlimited number of clients, Infosys said in a release here.
Infosys is the first company based outside of North America to join the organisation's working group.
In addition to indicating Infosys 'commitment to regulatory accountability, participation in the Shared Assessments Programme would enable Infosys clients to verify Infosys' adherence to more than 45 security controls. The Programme's standards were aligned with ISO 27002, PCI DSS v1.1, and other financial services regulations, and reduce redundancies in the entire security assessment process. Because it reduced overlap among various financial institution information requests, the Programme could eliminate the burden for clients of sending teams to conduct on-site security audits.
UNI